Two Penthouses in Chelsea’s Walker Tower Sell for “Just” $30.75M

May 23, 2014

One lucky (European) buyer scooped up not one but two penthouses in Chelsea’s Walker Tower yesterday for $30.75 million, in what could easily be considered the real estate steal of the year.

Toni Haber of Douglas Elliman, who represented the buyer, told the Wall Street Journal that her client “got a really good deal”, as the two units went into contract back in 2012 before sales shot up. She notes her client paid a mere $5,000 a square foot, which is quite a deal considering that another penthouse in the building recently sold for $50.9 million, or about $8,500 a square foot.

The two penthouses sit at the 22nd floor of the Ralph Thomas Walker-designed Art Deco tower. Word is that buyer opted for the two unfinished units in the building, hired an architect, and worked to fuse the two units into one palatial full-floor apartment with four bedrooms and four full and two half bathrooms, with around 6,000 square feet of space. The apartment also has two terraces and sweeping city views that encompass One World Trade Center and the Statue of Liberty.

[Via WSJ]

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